QUESTION IMAGE
Question
which of the following is a form of instability that reverses economic growth?
recession
deflation
frictional unemployment
creeping inflation
Brief Explanations
A recession is a period of significant economic decline marked by reduced GDP, which reverses economic growth. Deflation is a fall in prices, frictional unemployment is temporary job transition unemployment, and creeping inflation is low, steady price increase—none of these directly reverse growth as a recession does.
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A. Recession